68 E Ash Ln - Multi-Family FOR SALE


Milton, WI 53563
$589,000 USD
608-774-5026
68 E Ash Ln, Milton, WI for Sale
$589,000 USD
Multi-Family - FOR SALE
1/12
null | Request Cap Rate

68 E Ash Ln
Milton, WI 53563


HIGHLIGHTS

  • BRAND-NEW CONSTRUCTION | MINIMAL LANDLORD RESPONSIBILITIES
  • STRONG RENTAL FUNDAMENTALS WITH PROVEN DEPTH OF DEMAND
  • ATTRACTIVE UNIT DESIGN FOR MODERN RENTERS
  • SUPPLY-CONSTRAINED MARKET
  • STRATEGIC LOCATION WITH REGIONAL CONNECTIVITY
  • ROBUST LOCAL EMPLOYMENT BASE

OVERVIEW

This high-quality asset delivers modern three-bedroom, two-bathroom floor plans with attached two-car garages, designed to meet the expectations of today's renters seeking contemporary living, efficient layouts, and immediate proximity Janesville, Fort Atkinson, and the I-39/90 corridor. The offering represents a compelling opportunity to acquire a stable, low-maintenance income producing Property in one of Rock County's most supply-constrained rental submarkets. At stabilization, the Property is projected to generate $4,400 in monthly rental income ($2,200 per unit), resulting in annual gross scheduled rent of $52,800 and a projected net operating income of $33,952.

FOR SALE DETAILS

PRICE

$589,000 USD

PRICE/SF

$210 USD /SF

# OF UNITS

2

PRICE/UNIT

$294,500

CAP RATE

Request Cap Rate

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

68-70 E. Ash Lane

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chloe MayhewNext GenerationMore Info
608-774-5026

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Chloe MayhewNext GenerationMore Info
608-774-5026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.